Retirees urged to annuitise now or face further rate falls
Rates for both conventional and enhanced annuities fell by more than 2% in the last three months, analysis from MGM Advantage shows.
The provider's quarterly annuity index revealed conventional annuity rates dropped by 2.13% in the last three months, and enhanced annuities by 2.29%. It said the 2.1% drop in overall average annuity...
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